Agora (API) FCF Margin (2019 - 2026)
Agora (API) recorded FCF Margin of -4.75% in the quarter ended Jun 30, 2026, down 4.65 percentage points from -0.10% a year earlier and down 19.98 percentage points from the prior quarter.
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Analysis
Agora (API) FCF Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Agora's FCF Margin came in at 9.67% as of Jun 30, 2026, down 5.00 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 20.51%, up 29.20 percentage points from the prior year.
- Annual FCF Margin has increased for three straight years, with a five-year change of +5.96 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, FCF Margin came in at -8.69% in the year ended Dec 31, 2024 (+0.27 pp), -8.96% in the year ended Dec 31, 2023 (+21.07 pp), -30.03% in the year ended Dec 31, 2022 (-25.40 pp) and -4.64% in the year ended Dec 31, 2021 (-19.19 pp).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly FCF Margin since the quarter ended Sep 30, 2024.
- On a year-over-year basis, FCF Margin rose in five of the last eight quarters, with an average year-over-year change of +9.39 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 72.37 percentage points in the quarter ended Mar 31, 2025, against a drop of 44.89 percentage points in the quarter ended Jun 30, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 15.23% (quarter ended Mar 31, 2026), 25.41% (quarter ended Dec 31, 2025) and 3.23% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 36.07% |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 26.87% |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 24.64% |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 27.42% |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | - |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | - |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 37.24% |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 20.58% |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 29.81% |
| 10 | Agora | 488.27 Mn | 139.32 Mn | 25.74 Mn | -4.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.75% |
| Mar 31, 2026 | 15.23% |
| Dec 31, 2025 | 25.41% |
| Sep 30, 2025 | 3.23% |
| Jun 30, 2025 | -0.10% |
| Mar 31, 2025 | 54.50% |
| Dec 31, 2024 | 13.89% |
| Sep 30, 2024 | -10.42% |
| Jun 30, 2024 | -20.98% |
| Mar 31, 2024 | -17.87% |
| Dec 31, 2023 | 10.95% |
| Sep 30, 2023 | -8.07% |
| Jun 30, 2023 | -14.88% |
| Mar 31, 2023 | -23.99% |
| Dec 31, 2022 | -8.04% |
| Sep 30, 2022 | -18.90% |
| Jun 30, 2022 | -56.97% |
| Mar 31, 2022 | -38.07% |
| Dec 31, 2021 | 17.78% |
| Sep 30, 2021 | -27.41% |
API Access
Agora FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=API&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "API", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=API&period=max&api_key=YOUR_API_KEY");
const data = await res.json();